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Safaricom to bar use of reserves for share buybacks in proposed changes

Nairobi, July 9 -- Safaricom plans to bar the use of retained earnings for share buybacks under proposed changes to its articles of association that will be tabled at its upcoming Annual General Meeti... Read More


Market Rebound: Sensex Gains 238 Points, Nifty Settles Above 23,950

India, July 9 -- Last Updated on July 9, 2026 7:12 pm by INDIAN AWAAZ By Our Business Correspondent Domestic equity benchmarks rebounded on Thursday, snapping a two-session losing streak, as improvi... Read More


How 30 years of reforms transformed Tanzania's alcoholic beverages sector

Tanzania, July 9 -- Dar es Salaam. Thirty years after the third-phase government of the late former President Benjamin Mkapa introduced private sector participation, privatisation, and sweeping parast... Read More


Tanzania Tourism Minister tasks Tanapa boss with enforcing discipline, fighting corruption

Tanzania, July 9 -- Arusha. Natural Resources and Tourism Minister, Dr Ashatu Kijaji, has directed Tanzania National Parks (Tanapa) Conservation Commissioner, Mr Massana Mwishawa to enforce strict dis... Read More


WB says infrastructure fund offers 'short-term relief' to Kenya fiscal woes

Nairobi, July 9 -- The World Bank Group deems gains arising from creation of Kenya's National Infrastructure Fund (NIF) short-term, stressing the need for deeper reforms to achieve a lower budget defi... Read More


Banks enjoy record profits of Sh111bn in four months

Nairobi, July 9 -- The cumulative pre-tax profit for Kenya's commercial banks in the four months ended April rose 13.8 percent, riding on loan book growth, signalling another lucrative year for the ba... Read More


ACB uncovers fresh Custodian land scam, registers 2 FIRs

Jammu Tawi, July 9 -- The Anti-Corruption Bureau (ACB) on Wednesday unearthed another alleged Custodian land scam in Jammu and registered two FIRs against revenue officials, beneficiaries and alleged ... Read More


Renault Updates Master Van Range With New Features And Battery Tech

Mumbai, July 9 -- French automotive major Renault has announced updates to its Master van range, following the vehicle's performance in the European large van segment in early 2026. The company is int... Read More


CM orders check on stamps duty evasion in property registrations through GPAs

India, July 9 -- Chief Minister Rekha Gupta issued strict orders on Wednesday to combat the misuse of power of attorney for evading stamp duty. She directed that every power of attorney document exec... Read More


From Assembly to Innovation: India's Shift Towards Indigenous LED Display Manufacturing

India, July 9 -- India's LED display story has changed fast. For a long time, the country mainly assembled products built around imported parts. That model helped the market grow, but it did not build... Read More